On November 24, 2022 BOZHON Precision Industry Technology Co.,Ltd closed the transaction. The company issued 40,404,040 A shares, with a face value of CNY 1 per share, at an issue price of CNY 24.75 per share for gross proceeds of CNY 999,999,990 in the transaction. The transaction included participation from Nuode Asset Management Co., Ltd. for CNY 133,999,989.75, Wei Wei for CNY 249,999,997.5, Caitong Fund Management Co., Ltd. for CNY 134,999,988.75, UBS AG for CNY 48,999,975.75, China International Capital Corporation Limited for CNY 39,999,984.75, Jinan Jiangshan Investment Partnership (Limited Partnership) for CNY 99,999,999, Industrial Securities Global Fund Management Co., Ltd. for CNY 152,999,995.5, Suzhou Wujiang Chuanglian Equity Investment Management Co., Ltd. for CNY 79,999,994.25, and individual investors, Jian Weiping for CNY 39,999,984.75, and Liu Chao for CNY 19,000,080 in the transaction.

The shares issued in the transaction is subject to lock up period of 6 months from the closing of the transaction. The company completed the registration, custody and sale restriction procedures for the new shares issued this time at the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. on December 8, 2022. After deducting the expenses related to the issuance fee of CNY 17,050,896.73, the net proceeds received by company was CNY 982,949,093.27, of which the registered capital was increased by CNY 40,404,040 and the capital reserve was increased by CNY 942,545,053.27 in the transaction.